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Beginning Farmer/Rancher Program

A NEW FINANCING PROGRAM

Beginning Farmer/Rancher Program

Below market loans up to $250,000

The Washington State Housing Finance Commission in partnership with Northwest Farm Credit Services is offering low-interest loans that can be combined with other loans and grants.

Download the Application (Word) 
See helpful hints for downloading and completing application.
 

Loans are available up to a maximum of $250,000:

  • Land and improvements ($250,000 Max)

  • New depreciable agricultural property/equipment ($125,000 Max)

  • Used depreciable property/equipment ($62,500 Max)

Who is eligible?

Individuals or families who have not owned and operated a farm or ranch.  Or, those who have owned and operated a farm or ranch that was less than 30% of the county’s median farm size and whose value has never exceeded $125,000. 

Median Farm Size Chart (Word)

What can be financed?
What about other requirements?

The borrower must directly manage and work the farm/ranch.  Off-farm income is okay.


What can be financed?

  • Land Purchases

  • Building Acquisition/Construction

  • Agricultural Improvements

  • Machinery and Equipment

  • Animals for Breeding, Work, and Dairy

Please contact Wendy Knopp at Northwest Farm Credit Services if you have questions about loan terms and qualifications: (509) 340-5476 or email wendy.knopp@farm-credit.com

Please contact Tia Peycheff at the Commission if you have questions concerning initial program eligibility for the Beginning Farmer/Rancher Program: (206) 287-4416 or (800) 767-4663 (toll free within WA) or email tia.peycheff@wshfc.org

 

Download the application (Word)

HELPFUL HINTS FOR DOWNLOADING AND COMPLETING THE APPLICATION
STEP ONE: Right click the Word link above (do not double click)
STEP TWO: Save the file ("save target as") to your computer
STEP THREE: Open Word then open the file on your computer
STEP FOUR:
The application form should be filled out electronically by using the tab key to move through the document.  Shift + Tab will move the cursor backwards.  The space bar or a mouse click can be used to toggle the check boxes on and off.  If you require assistance downloading this form, please contact us at askusCP@wshfc.org or ask for Viet at 206-464-7139 or 800-767-4663 toll free in Washington State.

 

This page was modified on 04/19/2007.